Connect with us

Hi, what are you looking for?

Capital Business
Capital Business
A Samsung Galaxy phone/FILE

World

Samsung plans no settlement with Apple

A Samsung Galaxy phone/FILE

SEOUL, Nov 14 – A top Samsung executive said Wednesday that the South Korean electronics giant had no plans to follow Taiwanese firm HTC in seeking a settlement over its patent disputes with arch-rival Apple.

Samsung and Apple are currently embroiled in patent lawsuits in 10 nations including the United States and Germany, accusing each other of stealing design and technology.

HTC, which had been locked in similar suits with Apple around the world, announced Sunday that the two companies had reached a deal to end all outstanding litigation and sign a 10-year licensing agreement over patents.

“We have no such intention,” J.K. Shin, the head of Samsung Electronics’ mobile unit, told reporters when asked if Samsung would seek a similar settlement.

Samsung — the world’s top mobile and smartphone maker — was ordered by a US jury in August to pay Apple $1.05 billion in damages for illegally copying iPhone and iPad features for its flagship Galaxy S smartphones.

It has appealed the ruling.

Since then, two separate rulings by courts in Japan and the Netherlands have dismissed Apple’s claims of patent infringement.

Shin also said Wednesday that Samsung expected fourth-quarter smartphone sales to be as strong as the third quarter, when its newest Galaxy S3 device became the world’s top-selling smartphone.

Click to comment
Advertisement

More on Capital Business

Executive Lifestyle

NAIROBI, Kenya, Mar 12 – The country’s super wealthy individuals are increasing their holding of bonds, gold and cash, a new report by Knight...

Ask Kirubi

NAIROBI, Kenya, Mar 9 – Businessman and industrialist Dr. Chris Kirubi has urged members of the public to exercise extreme caution when making any...

Ask Kirubi

NAIROBI, Kenya, Mar 24 – Businessman and industrialist Dr. Chris Kirubi is set to own half of Centum Investment Company PLC, following a go-ahead...

Ask Kirubi

It is without a doubt that the COVID-19 pandemic has caught the whole world by surprise. Although its full impact is yet to be...

Headlines

NAIROBI, Kenya, Mar 18 – Commercial Banks have been ordered to provide relief to borrowers on their personal loans, with loans eligible from March...

Kenya

NAIROBI, Kenya, Jun17 – Kenya’s tea leaves manufacturer Kericho Gold, has been awarded the Superbrands Seal by Superbrands East Africa for their quality variety...

Coronavirus

NAIROBI, Kenya, Apr 13 – As the local telecommunications industry gears up to roll out 5G networks in the country, the Communications Authority of...

Coronavirus

NAIROBI, Kenya, Mar 22 – Airtel Kenya is offering free internet access for students in order to enable continued learning at home in the...